SOLV Energy, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Jun 2025 | Mar 2025 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | $37.0M | $-23.4M | $44.3M | $-714.0K |
| Depreciation & Amortization | $17.3M | $23.7M | $13.8M | $19.6M |
| Depreciation | — | — | — | — |
| Amortization | — | — | — | — |
| Stock-Based Compensation | $14.8M | $64.9M | $1.3M | $712.0K |
| Net Cash from Operating Activities | $31.8M | $14.2M | $30.7M | $20.2M |
| Investing Activities | ||||
| Capital Expenditures | $5.5M | $10.4M | $2.5M | $2.8M |
| Business Acquisitions | — | — | — | — |
| Net Cash from Investing Activities | $-5.5M | $-10.4M | $-47.5M | $-13.5M |
| Financing Activities | ||||
| Dividends Paid | $39.6M | $144.8M | $24.0M | $47.8M |
| Stock Repurchases | — | — | — | — |
| Net Cash from Financing Activities | $-47.2M | $-13.8M | $-28.7M | $-5.6M |
| Net Change in Cash | $-20.9M | $-10.0M | $-45.6M | $1.0M |
| Free Cash Flow | $26.3M | $3.8M | $28.1M | $17.4M |